Average mortgage rates in U.S. dip to record lows

Average U.S. rates on fixed mortgages fell to fresh record lows this week.

WASHINGTON

Average U.S. rates on fixed mortgages fell to fresh record lows this week.

Mortgage buyer Freddie Mac said yesterday that the average 30-year rate dipped to 3.34?percent, the lowest on records dating to 1971. Thatís down from 3.4?percent last week and the previous record low of 3.36 percent reached last month.

The average on the 15-year fixed mortgage also dropped to 2.65 percent. Thatís down from 2.69?p ercent last week and also a record.